Federal Reports

As part of our annual audit plan, we performed an audit of costs billed to the Tennessee Valley Authority (TVA) by Slick Rollers, LLC (Slick Rollers) for coal and limestone handling system support materials and/or services at various TVA fossil plants under Contract No. 14457. Our audit objective was to determine if costs were billed in accordance with the terms and conditions of the contract. Our audit scope included about $10.3 million in costs billed to TVA from August 13, 2019, through December 16, 2021. In summary, we determined Slick Rollers overbilled TVA $139,132, including (1) $104,012 in ineligible and unsupported material and equipment costs, (2) $32,564 in ineligible and unsupported labor costs, and (3) $2,556 in unsupported per diem costs. We also noted several opportunities to improve contract administration by TVA. Specifically, we found <br> (1) the contract contained language requiring subcontractor approval that does not match TVA's intent, (2) Slick Rollers began work on two POs prior to approval by TVA, and (3) Slick Rollers did not provide a proper invoice to TVA as required by the contract.(Summary Only)

PDC Energy, Inc., drilled and then operated a well in Colorado that removed Federal minerals without first obtaining a Federal lease or drilling permit.

PDC Energy, Inc., drilled and then operated a well in Colorado that removed Federal minerals without first obtaining a Federal lease or drilling permit.

The attached report presents the results of an integrated audit of the Department of Homeland Security’s consolidated financial statements for fiscal years 2022 and 2021 and internal control over financial reporting as of September 30, 2022. This audit is required by the Chief Financial Officers Act of 1990, as amended by the Department of Homeland Security Financial Accountability Act (October 16, 2004).

Semiannual report to congress

Semiannual Report to Congress April 1, 2022 — September 30, 2022

The attached report presents the results of the independent certified public accountants’ audit of the Department of Energy’s consolidated financial statements as of September 30, 2022, and 2021, and the related consolidated statements of net cost, changes in net position, custodial activity, and combined statements of budgetary resources for the years then ended.To fulfill the Office of Inspector General’s (OIG) audit responsibilities, we contracted with the independent public accounting firm of KPMG LLP (KPMG) to conduct the audit, subject to our review. KPMG is responsible for expressing an opinion on the Department’s financial statements and reporting on applicable internal controls and compliance with laws and regulations. The OIG monitored audit progress and reviewed the audit report and related documentation. This review disclosed no instances where KPMG did not comply, in all material respects, with generally accepted government auditing standards. The OIG did not express an independent opinion on the Department’s financial statements.KPMG audited the consolidated financial statements of the Department as of September 30, 2022, and 2021, and the related consolidated statements of net cost, changes in net position, custodial activity, and combined statements of budgetary resources for the years then ended. KPMG concluded that these consolidated financial statements are presented fairly, in all material respects, in conformity with United States generally accepted accounting principles, and KPMG had issued an unmodified opinion based on its audits and the reports of other auditors for the years ended September 30, 2022, and 2021.As part of this audit, auditors also considered the Department’s internal controls over financial reporting and tested for compliance with certain provisions of laws, regulations, contracts, and grant agreements that could have a direct and material effect on the consolidated financial statements. The audit did not identify any deficiency in internal control over financial reporting that is considered a material weakness.